Wednesday 21 November 2018

A Morning Walk Down Dalal Street | Investors Should Maintain Cautious Stance

Posted by suhani varma on Wednesday, November 21, 2018 with No comments

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 21 nov 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 21 nov 2018
---------------------------------------------------------------------------------------------------------
Weak global cues pushed the bears back in charge for D-Street. It wiped out gains made in the previous session and pushed the index below 200-DMA placed at 10752 levels.


The final tally on D-Street looked like: S&P BSE Sensex plunged 300 points to close at 35,474 while the Nifty50 was down by 107 points to end at 10,656.

Correction in crude oil prices and consistent appreciation in INR vs USD is encouraging but liquidity concerns amongst NBFCs and uncertainty in the upcoming state elections is likely to keep volatility high.


Analysts advise investors to maintain a cautious stance on the markets in near term and be selective while picking stocks.


Technically, it saw a touch-and-go moment with its long term moving average placed at 10752.

It slipped below its crucial moving averages such as 100, 50, as well as 5-EMA

For Quick Trial Contact:
✆ -  09699997717
✆ - 0731-6626191 ✔
Mail: info@ways2capital.com
✆ Join us on WhatsApp @ 89620-00225 ✆
✆ 24/7 Customer Care 1800-3010-2007 (Toll Free).

0 comments:

Post a Comment